Question on Google Fiber – Pichette says “we’re really focused on Kansas City right now,” and adds that the company will continue to look at “the possibility” of expanding. “We just have to nail Kansas City. It’s the perfect place for us to debug all of the elements of the product and the experience for the users,” he said.

Pichette says “there is no information right now that leads us to believe that we have to do an impairment test” of the standard essential patents acquired with Motorola. Speaks to the concern that those patents may have lost some value with the deflation of the so-called “patent bubble.”

Larry Page says that “as an industry, we need to improve these experiences” when talking about the mobile web, suggesting that “we should be designing for mobile” as opposed to using mobile-only sites.

Pichette says “ we’re not in the business of losing money with Motorola, or even cross-subsiding it.” He reminds that the company is about 180 days “into this journey” but that progress has been made in outsourcing manufacturing and selling the Home business.

One question about Google’s opportunity in the travel business, given the company’s acquisition of ITA and other businesses. Page notes that “ I don’t think that being able to answer very complex questions needs to mean necessarily that we wouldn’t send people off to other sites,” suggesting that acquisitions are not simply about keeping Web traffic in-house.

Now into Q/A portion of the call. Larry Page talking about the “knowledge graph,” saying the company is still “in the early stages” of the project. Makes the point that “getting people better answers is really good for our business.”

Speaking of the core Google ads business, Pichette says the company implemented some “policy changes” that lowered the paid-click growth while improving cost-per-click, or CPC, growth for the quarter. Promises more details to come.

Google CFO Patrick Pichette has the floor now. Warns that “no one should be surprised if results from the [Motorola] segments are variable for quite awhile as we restructure the business.” He reminds that “we inherited a 12-18 month product pipeline that we’re still working through.”

On Motorola, Larry says “I am excited about the business, and in today’s multi-screen world, the opportunities are endless.” He hints the Motorola team is working on issues like battery life and screen breakage. “It’s still in the early days, but I am excited about the innovative way they’re approaching product development and the speed of their execution,” he said of the Motorola business.

Larry makes point that “our long-term investments in Google Maps have really paid off.” He says they hit more than 10 million downloads in the first 48 hours when they released the iOS app – notable, given the controversy over Apple Maps.

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